137Labs On-Chain Express Report Issue 121
🔥 Hot Events
1⃣️ Trump proposes to open the U.S. retirement market to invest in cryptocurrencies and alternative assets
2⃣️ SEC Chair states that the agency is considering implementing an innovation exemption policy to encourage asset tokenization development
3⃣️ BlackRock has submitted an application to regulators to include staking in its Ethereum ETF
4⃣️ SEC Chair: Stablecoins fall under the jurisdiction of banking regulators
📈 Project Updates
1⃣️ dYdX acquires the crypto social trading platform Pocket Protector, marking its first external acquisition
2⃣️ Ondo Finance introduces its treasury tokenization product USDY to the Sei network
3⃣️ Privacy financial protocol Cross Matrix completes $12 million seed round funding
4⃣️ The blockchain-based travel platform Blockskye has completed $15.8 million in Series C funding
📅 Key Event Preview
July 19: Signing ceremony for the GENIUS Act (2:30)
July 22: Powell delivers welcome remarks at the regulatory meeting
